BRXBrixmor Property Group Inc.(BRX)Stock Analysis

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13F Pro Quality Score

68.2/100

Rank #427 of 2,879 stocksTOP 25%

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Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

50.2/100

Profitability

89.7/100

Balance Sheet

65.2/100

Earnings Quality

53.0/100

Free Cash Flow

91.5/100

Institutional Flow

64.3/100

Revenue Scale

55.4/100

Dilution Risk

50.7/100

BRX Stock Analysis & AI Quality Score

AI stock analysis and institutional research for Brixmor Property Group Inc. (BRX), a Real Estate sector company. 13F Pro's AI-powered ranking engine scores BRX at 68.2/100 on a 32-signal composite quality model, placing it at rank #427 of 2,879 stocks — the top 25% of the AI-ranked universe. BRX scores in the top quartile across free cash flow (91.5), profitability (89.7). Based on the latest XBRL financial filings (Q1 2026), Brixmor Property Group Inc. reports quarterly revenue of $354.8M, net income of $127.8M, an operating margin of 36.0%. Top institutional holders of BRX by reported 13-F value include BlackRock,, VANGUARD PORTFOLIO MANAGEMENT, STATE STREET, based on the most recent SEC filings. BRX trades on the NYSE exchange and files with the SEC under CIK 1581068. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate BRX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Brixmor Property Group Inc. directly from SEC EDGAR. Brixmor Property Group Inc.'s 13F Pro composite quality score has ranged between 67 and 71 since 2026, currently 68.2 — a stable long-term trajectory across 10 quarterly and live scoring snapshots.

Fun facts about Brixmor Property Group Inc.

Quirks, history, and lore behind BRX — the kind of stuff that makes a stock memorable.

  • 1
    The Basics
    A U.S. real estate investment trust · NYSE-listed · focused entirely on open-air shopping centers anchored by everyday necessity retailers.
  • 2
    The Numbers
    Owns roughly 150+ shopping centers totaling well over 25 million square feet of gross leasable area — spread across major U.S. markets.
  • 3
    The History
    Its portfolio was originally assembled inside General Growth Properties, one of America's biggest mall owners, before being spun off as a standalone public REIT in 2013.
  • 4
    The Secret
    Its tenants lean heavily on grocery stores, discount retailers, and drug chains — businesses people visit even when they'd rather stay home, which makes the rent surprisingly recession-resistant.
  • 5
    The Lore
    The name is a mashup of "brick" and "more" — a nod to physical retail at a time when everyone was betting on its funeral. Bold naming choice.
  • 6
    The Giveaway
    Ticker BRX, headquartered in New York, and one of the largest pure-play open-air shopping center REITs in the country — with a name that literally has "brix" in it.
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What's Driving BRX's Business? Latest 10-Q Breakdown

AI-extracted from Brixmor Property Group Inc.'s 10-Q filed 2026-04-27 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Brixmor generated $354.8M in total revenue (up 5.1% YoY), with net income of $127.8M boosted by $52.1M gain on sale of four shopping centers.

Biggest Revenue Drivers

Total revenue: $354.8M+5.1% YoY

Rental income$354.3M+5.1% YoY

Increase driven by contractual rent increases, positive rent spreads on new/renewal leases, and higher billed occupancy for same-property assets.

Largest Expense Items

Depreciation and amortization$105.2M-0.4% YoY

Decrease in accelerated depreciation due to lower tenant move-outs in prior period, partially offset by capital expenditure additions.

Real estate taxes$45.4M+1.1% YoY

Increase due to higher current year property assessments on same-property assets.

Operating costs$41.9M+6.9% YoY

Increase primarily due to higher utilities, repairs/maintenance, and insurance on same-property assets.

General and administrative$28.2M+0.1% YoY

Remained consistent; employee compensation costs partially offset by capitalized construction and leasing costs.

Margins: Operating income margin compressed slightly due to higher operating costs and real estate taxes offsetting revenue growth. Interest expense increased $5.3M YoY from higher debt levels and rates, though offset by $52.1M gain on real estate dispositions in Q1 2026 versus only $3.1M in Q1 2025.

Watch Items from the Filing

  • Portfolio composition: three largest tenants by annualized base rent are TJX, Kroger, and Burlington; company is one of largest landlords to each, creating potential concentration risk.
  • Debt maturities: $607.5M due in remainder of 2026 and $400M due in 2027; company has $1.79B available liquidity including $1.25B undrawn revolving facility.
  • Disposition activity elevated in Q1 2026: $105.7M proceeds from four asset sales generating $52.1M gain, compared to $21.6M proceeds and $3.1M gain in Q1 2025.
  • Occupancy improvement: billed occupancy increased to 91.4% as of March 31, 2026 from 90.0% one year prior; leased occupancy at 95.1% versus 94.1% YoY.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Revenue

Q1 2026

$354.8M

Net Income

Q1 2026

$127.8M

Free Cash Flow

Q1 2026

$141.2M

Operating Margin

Q1 2026

36.0%

ROIC

Q1 2026

1.5%

D/E Ratio

Q1 2026

1.81

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

+6.7% YoY
$1.37BFY 2025
FY22 $1.22BFY23 $1.25BFY24 $1.29BFY25 $1.37B

Net Income

+13.8% YoY
$386.2MFY 2025
FY22 $354.2MFY23 $305.1MFY24 $339.3MFY25 $386.2M

EPS (Diluted)

+12.6% YoY
$1.25FY 2025
FY22 $1.17FY23 $1.01FY24 $1.11FY25 $1.25

Total Assets

+2.5% YoY
$9.13BFY 2025
FY22 $8.44BFY23 $8.33BFY24 $8.91BFY25 $9.13B

Total Debt

+2.9% YoY
$5.49BFY 2025
FY22 FY23 FY24 $5.34BFY25 $5.49B

Op. Cash Flow

+4.4% YoY
$652.0MFY 2025
FY22 $566.4MFY23 $588.8MFY24 $624.7MFY25 $652.0M

AI Insight: BRX Financial Trends

BRX revenue hit $355M in Q1 2026 — up 12% over eight quarters — but debt surged to $5,496M, nearly flat equity signaling rising leverage.

Revenue grew steadily from $316M in Q2 2024 to $355M in Q1 2026, a gain of roughly 12% over eight quarters.

Net income improved from $70M in Q1 2025 to $137M in Q4 2025, though it dipped to $128M in Q1 2026.

Total debt jumped from $5,104M in Q1 2025 to $5,496M in Q1 2026, while equity barely moved from $2,954M to $3,037M.

Operating cash flow has been volatile, ranging from $130M to $184M, with Q1 2026 at $141M near the low end.

Debt rose ~$392M from Q1 2025 to Q1 2026 with minimal equity growth — debt-to-equity ratio is worsening noticeably.

Q1 2026 net income fell to $128M from Q4 2025's $137M — monitor whether seasonal dip or a trend reversal.

Operating CF of $141M in Q1 2026 is the second-lowest in the dataset; sustained weakness could pressure dividend coverage.

AI Insight: BRX Ratio Trends

BRX profitability surged through 2025 with NPM nearly doubling from Q1 to Q4, though Q1 2026 shows a modest sequential pullback.

NPM expanded sharply from 20.7% in Q1 2025 to 38.8% in Q4 2025, nearly doubling over four quarters.

ROE followed the same arc, rising from 9.4% in Q1 2025 to 18.2% in Q4 2025, reflecting stronger earnings conversion.

Q1 2026 NPM dipped to 36.0% and ROE to 16.8%, a sequential pullback from Q4 2025 peaks.

D/E has fluctuated between 1.73 and 1.85 across the visible quarters, with no clear deleveraging trend.

Q1 2026 ROA slipped to 5.6% from Q4 2025's 6.0% — monitor whether this is seasonal or a margin inflection.

D/E ticked up to 1.85 in Q3 2025 and remains elevated at 1.81 in the TTM — leverage has not declined.

OpMargin and ROIC data are entirely absent; without them, operating efficiency and capital returns cannot be fully assessed.

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Available Research

13F Pro tracks comprehensive data for Brixmor Property Group Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)
XBRL financial facts (revenue, EPS, margins)
Insider transactions (Form 4)
Institutional 13F holdings
Quality rankings (32 signals)
AI analyst debates & daily meetings
Historical financial trends
Peer comparison & sector analysis

Top Institutional Holders of BRX

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Is BRX a good stock to buy?

13F Pro's AI-powered analysis of Brixmor Property Group Inc. (BRX) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Real Estate sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for BRX are available on the BRX stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own BRX?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling BRX. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Brixmor Property Group Inc.'s investment landscape.